iNano, the Smaller iPhone With Keyboard?

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With all the recent talk about Apple making a smaller and cheaper iPhone, we can now show you a concept fit for this idea. Enter the iNano, created by Long-Nong Huang and also known as the iPhone 4K. K stands for keyboard, that’s present as the sliding part on this device.

This smaller iPhone is a dumbed down version of the latest Apple handsets, with a 800 MHz CPU, 3.2 inch Retina Display with a 800 x 480 pixel resolution and a 5MP camera. Will the Cupertino giant produce something like this or skip to iPhone 5?